Question
CAGR is a way to measure how an investment or business
has grown over a specific period of time. It takes into account the effect of compounding, which means that the growth builds upon itself.What does ‘C’ in CAGR stand for?Solution
Compound annual growth rate (CAGR) is a way to measure how an investment or business has grown over a specific period of time. It takes into account the effect of compounding, which means that the growth builds upon itself.
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